The Growing Importance of ESG for Corporate Tax Departments
What’s tax have to do with environmental, social, and governance issues? A lot
For many reasons, organizations in diverse industries and sectors of the economy are becoming more cognizant of ESG (environmental, social, and governance) issues. We wanted to get a better handle on what’s happening in this arena and why tax departments should be interested, so we turned to Nancy Hawkins, vice…
Market Sourcing or Bust: The Kitchen Sink Approach of COP-Sourcing States
The binary nature of the determination makes COP sourcing controversial
The division of multistate business income among the states is accomplished through formulary apportionment. State formulary apportionment provisions increasingly rely on the receipts factor to divide income, sharpening the focus on the sourcing of receipts. Although many states have transitioned to a market-sourcing (also known as destination sourcing) approach, historically…
TEI Files Amicus Brief in Maryland Digital Advertising Tax Litigation
On March 30, TEI filed an amicus brief in Comcast v. Maryland, which is pending before the Maryland Supreme Court. The fundamental substantive issue in this case is whether the Maryland Digital Advertising Tax (DAT)—which was enacted in 2019—is constitutional. Rather than focus on the substantive issue, the TEI brief focused… Read more »
TEI’s 73rd Midyear Conference a Success
TEI’s 73rd Midyear Conference, held at the Grand Hyatt in Washington, D.C., delivered in a big way, offering compelling sessions on myriad key topics facing in-house tax professionals in the current landscape. The following is some of the feedback TEI received from attendees. If you were not able to attend… Read more »
TEI Presents President’s Award to David Stevens
TEI also presented the President’s Award to David Stevens at TEI’s 73rd Midyear Conference. In his nomination letter, TEI’s international president, Wayne Monfries, detailed Stevens’ accomplishments as follows: In accordance with Tax Executives Institute’s award guidelines, I am pleased to nominate David (Dave) Stevens to receive TEI’s President’s Award. Dave… Read more »
Let’s Take Notice of a Palpable Energy Surge
As we enter the home stretch of my presidential year, I want to take note of the palpable surge of energy that has resulted from the return of TEI’s in-person events this year. Really, it’s been great to see all your faces and even better to watch the renewal of… Read more »
TEI Roundtable No. 42: A Deep Dive Into the Murky Waters of UTPs
Uncertain tax positions (UTPs) offer taxpayers both opportunities and challenges. We wanted to take a closer look at this important issue, so, of course, we assembled a roundtable of knowledgeable tax professionals, including George Clarke, partner at the Washington, D.C., office of Baker McKenzie; George Hani, member with Miller &… Read more »
Acknowledgments
TEI gratefully acknowledges the support of its Tax Technology Seminar sponsors. Their financial support enables TEI to maintain a rich program of value-added education, networking, and advocacy activities for the in-house tax community. Exclusive Affinity Partner: Thomson Reuters Alteryx, Inc. Avalara BDO USA, LLP Bloomberg Tax & Accounting CFO Services… Read more »
TEI Submits Comments Regarding Proposed Canadian 2% Buyback Tax
On February 23, TEI submitted comments to the Canadian finance minister, Chrystia Freeland, regarding the proposed Canadian 2% tax on share buybacks. TEI took the view that Canada should not implement a share buyback tax. Should Canada implement such a tax, however, the Institute’s recommendations included that the tax be… Read more »
Jonnell Quarrie
Editor’s note. At the time this article was written, Quarrie was director of tax at MOD Pizza but has since started as director of tax at Dutch Bros. When Jonnell Quarrie was taking accounting classes in college, she realized she didn’t like accounting. That happens. But she did like tax,… Read more »
AI in the Tax Department: Getting Tax a Seat at the Table Artificial intelligence (AI) is reshaping business functions rapidly, yet many…
TEI Roundtable No. 51: The Future Corporate Tax Department As tax moves into the future, in-house professionals are experiencing…
The Impact of AI in R&D Tax Credits For the last several years we’ve heard that artificial intelligence…
Making Sense of CAMT Complexity The corporate alternative minimum tax (CAMT) under Section 55 of…
Question: What Are the Key Updates in the FASB Income Tax Disclosure Requirements? In 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standards…
Breaking Down Real-Time Controls in Global Tax As governments implement digital approaches to tax filing, reporting, operations,…